A system is being worked out to integrate the Central Bank Digital Currency (CBDC) based subsidy system with the Unified ...
These concerns, coupled with loss in government institutions, meant that a vast majority of the public across the world has become firmly against the implementation of CBDCs. It is also worth noting ...
The European Central Bank (ECB) is ramping up the development of a wholesale CBDC initiative for transaction settlement ...
Republican senators revived a bill last week to block the Federal Reserve from creating a central bank digital currency.
Russia’s Central Bank has launched a CDBC anti-fraud protection system for banks as it prepares to roll out the digital RUB.
Congress hasn’t eliminated any currency from circulation since 1857, when representatives eliminated the half-cent. So, the penny has endured, even though the U.S. Mint lost $85 million last year to ...
Russia is increasingly leaning on crypto and blockchain amid global sanctions and economic woes. At least 15 Russian banks ...
Some 64.7% of 17 institutions with no CBDC issuance mandate say they have retail CBDC work in progress. Just over a third (35 ...
Powell confirmed in a Senate Hearing on Tuesday that the U.S. won't issue a central bank digital currency or CBDC while he's ...
A significant portion of central banks worldwide have delayed their plans for launching CBDCs, citing regulatory challenges.
Nearly a third of surveyed central banks said they’re delaying the launch of a CBDC over regulatory concerns and changing ...